For sale · MLS® 1303168
3 Rickett's Lane
Knights Cove, NL, A0C1T0
List price
$149,900
About this propertyMLS® 1303168
Welcome to Knight’s Cove, Newfoundland, where coastal living, beautiful Bonavista Bay and the charm of a small Newfoundland community come together. This two-storey, 3-bedroom, 1-bath home offers an excellent opportunity for those looking for a year-round residence, a vacation getaway, or a property with tourism potential. Two mini-split heat pumps, baseboard heaters and a wood stove have all the bases covered for year round comfort. Upgraded blown-in insulation in the crawl space and a new curb stop makes winterization simple and easy for those interested in a seasonal getaway. Upgrades include new laminate flooring, PEX plumbing and a new water pump. The bathroom has been updated, while the kitchen features new cabinets and countertops. New vinyl windows add to the home's comfort and efficiency. Outside, the property offers a private, treed setting with two decks where you can relax and enjoy the surrounding landscape. There's also a new shed and traditional root cellar on the property, adding practical storage and a touch of Newfoundland character. Located just a short distance from the beach and nearby walking trails, this property puts you close to some of the best things the area has to offer. Enjoy the coastline, explore the trails, take in the beauty of Bonavista Bay, or use the home as a comfortable base for discovering the many attractions of the Bonavista Peninsula. (id:56688)
Specifications
Property details
Room by room
Rooms
| Second level | Storage Bedroom Bedroom Bedroom | 10X5.5 9X8.5 10.5X12 13.5X9 |
| Main level | Bath (# pieces 1-6) Porch Living room Kitchen | 7X5.5 8X9 13.5X8.5 19.5X11.5 |
The essentials
Location, air, flood & taxes
Elevation
19 m above sea level
Plan ahead
Calculators & neighbourhood
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Mortgage & investment calculator
Estimated monthly payment
$0/mo
Principal & interest $0 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-188
NOI / month
$-188
Cap rate
-1.51%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $0 | $0 |
| Expenses | $188 | $2,256 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-188 | $-2,256 |
| NOI | $-188 | $-2,256 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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Keller Williams Platinum Realty
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